The Complexity Trap

I recently attended TD Ameritrade’s National LINC conference in San Diego. The conference is held for independent Registered Investment Advisors to learn about the latest industry trends and to be inspired by other like-minded advisors. The conference is held in San Diego, California, and bedsides the wonderful weather, I always look forward to the keynote speakers. This year did not disappoint.I heard […]

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What’s Your Money Personality?

Do you know your money personality?Your money personality describes your attitudes and habits related to money. Some view money as a tool for security. Others look at money with a gamblers mind-set and enjoy the thrill of the chase. In her book, The Advisor’s Guide to Money Psychology, Olivia Mellan breaks down money personalities into five types: Amasser, Avoider, Hoarder, Money […]

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What We’ve Learned Five Years After the 2008 Crisis

Five years ago this month the world’s financial markets endured one of their biggest crises ever. Lehman Brothers Holdings failed, igniting a firestorm. Within days the unthinkable occurred: Insurance giant AIG and government mortgage agencies Freddie Mac and Fannie Mae were taken over by the federal government. The storied investment house of Merrill Lynch was taken over by Bank of […]

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“Echo Boomers” could give a big boost to the stock market

The Baby Boom generation born between 1946 and 1964 has dominated investment markets since the 1980s. They struggled for an economic start during the repeated recessions between 1973 and 1982, but then helped to propel an 18-year bull market as they reached their peak earnings power in the 1990s. Now some market observers worry that the Baby Boomers are dragging down […]

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Jim Cramer’s record

Mad Money’s Jim Cramer issues buy and sell recommendations to his audience on each show. Just how good are those recommendations? Two professors at Northeastern University performed several statistical tests to see if Cramer beat an appropriate benchmark and whether he generated additional return for the risks he takes. The result? He adds no value, nor does he hurt those […]

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